Tag: material costs

Materials Prices Post Record Year-to-Date Increase

Filed in Economics, Material Costs by on November 10, 2021 2 Comments
Materials Prices Post Record Year-to-Date Increase

The softwood lumber price index increased 9.1% in October (seasonally adjusted) — its first monthly increase since May, according to the Bureau of Labor Statistics’ latest Producer Price Index (PPI) report. Overall, building material prices have increased 12.2% year to date, after climbing 4.5% over the same period in 2020.

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Builders Engage Policymakers in Supply Chain Roundtable

Filed in Material Costs by on August 4, 2021 0 Comments
Builders Engage Policymakers in Supply Chain Roundtable

Sens. Jerry Moran (R-Kan.) and Jeanne Shaheen (D-N.H.) hosted a virtual home building supply chain roundtable yesterday with Commerce Sec. Gina Raimondo to address disruptions that have resulted in soaring construction costs.

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Strategies Builders Employ to Combat Rising Building Material Costs and Shortages

Strategies Builders Employ to Combat Rising Building Material Costs and Shortages

Single-family builders have taken several steps to counteract rising building material prices and shortages. More than 50% report taking these two specific actions.

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Building Costs Skyrocket Over the Past 12 Months

Filed in Advocacy, Housing Affordability, Material Costs by on June 4, 2021
Building Costs Skyrocket Over the Past 12 Months

Building material costs have soared 26.1% on average over the past 12 months, according to a recent survey of single-family builders asking how much costs have increased for the same house over the last year.

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Record Number of Builders Report Material Shortages

Filed in Economics, Material Costs, Trends by on June 2, 2021 50 Comments
Record Number of Builders Report Material Shortages

Shortages of materials are now more widespread than at any at any time since NAHB began tracking the issue in the 1990s, with more than 90% of builders reporting shortages of appliances, framing lumber and OSB.

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Podcast: Mill Owner Discusses Lumber Prices, Tariffs and Sustainability

Filed in Housing Affordability, Material Costs by on June 1, 2021 2 Comments
Podcast: Mill Owner Discusses Lumber Prices, Tariffs and Sustainability

On the latest episode of NAHB’s Housing Developments podcast, hosts CEO Jerry Howard and Chief Lobbyist Jim Tobin talk with Ross Stock, general manager of Western Cascade Industries, a lumber mill in Toledo, Ore.

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